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Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom, Training

The regulator said the three companies agreed to settle its charges that they failed to disclose that some certified pre-owned vehicles were subject to open...

https://www.fi-magazine.com/322134/gm-jim-koons-and-lithia-settle-ftcs-complaints-regarding-cpo-claims
Categories: Auto Finance, Dealer Ops, F&I

GM Financial's transformation from subprime finance source to GM's captive finance company continued in the second quarter, with GM new-vehicle loans and...

https://www.fi-magazine.com/321811/gm-financials-penetration-of-gm-retail-sales-grows-globally-in-q2
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Hyundai, Acura Take Top Honors in KBB’s ‘5-Year Cost to Own’ Awards

The firm named Hyundai as the brand with the lowest cost to own and Acura as the lowest cost luxury brand. Top vehicles were selected in 22 categories.

https://www.fi-magazine.com/323713/hyundai-acura-take-top-honors-in-kbbs-5-year-cost-to-own-awards
Categories: Auto Finance, F&I

General Motors’ acquisition of AmeriCredit Corp. was expected to close on Friday, three days after AmeriCredit’s stockholders approved the sale. The company...

https://www.fi-magazine.com/318722/gm-to-complete-acquisition-of-americredit
Categories: Auto Finance, F&I

General Motors Company said Monday it is expanding leasing by offering programs on select 2009 and 2010 Cadillac, Buick, GMC and Chevrolet models through...

https://www.fi-magazine.com/317856/gm-offers-leasing-on-select-2009-and-2010-models
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Kia ended the 27-year reign of premium brands by ranking highest among all nameplates in J.D. Power’s annual study. Overall, new-vehicle quality improved...

https://www.fi-magazine.com/322438/j-d-power-initial-quality-shows-largest-improvement-in-seven-years
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
KBB: September’s Avg. New-Vehicle Price Up $144 From a Year Ago

New-car affordability continued to be a challenge for car buyers, with the average transaction price closing in on $35,000 in September.

https://www.fi-magazine.com/323468/kbb-septembers-avg-new-vehicle-price-up-144-from-a-year-ago
Categories: Auto Finance, F&I

Through a recent partnership, AmeriCredit will provide auto financing to General Motors Co.’s subprime customers.

https://www.fi-magazine.com/318028/americredit-to-finance-gms-subprime-customers
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on...

https://www.fi-magazine.com/322343/gm-replacing-88-of-lineup-by-2020
Categories: Auto Finance, Compliance, Dealer Ops, F&I
GM: Dealers Must Disclose Non-GM Parts, Service Contracts

General Motors dealers who sell non-GM service contracts, parts and accessories must now disclose to their customers that the products are not backed by the...

https://www.fi-magazine.com/323386/gm-dealers-must-disclose-non-gm-parts-service-contracts


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